Teleperformance, a global leader in digital business services, has made a bold move to strengthen its market position with the $490 million acquisition of ZP Better Together, a U.S.-based provider of communication solutions for the deaf and hard-of-hearing community. This acquisition is a key milestone in the company’s broader strategy,...

Ananda Krishnan, the reclusive billionaire known for his transformative deals and philanthropic endeavors, has passed away at the age of 86. His investment holding company confirmed his death in a statement, highlighting his significant contributions to Malaysia’s economic development and corporate landscape. The statement also noted that his philanthropy positively...

In recent years, the biopharma industry has frequently made headlines for layoffs as companies, both large and small, implemented cost-cutting measures and restructuring plans. Over the past 10 days alone, reports have emerged of workforce reductions at major firms, including Bristol Myers Squibb, Novartis, Lexicon Pharmaceuticals, Johnson & Johnson, Gilead...

Chief executive base salaries in the mining sector saw increases ranging from 2% to 12% in 2023, according to the Bedford Group/TRANSEARCH’s 2024 Board and Executive Compensation Report. Companies with assets under $100 million reported a median CEO salary of $251,988, while those with assets exceeding $20 billion paid a...

Some of the world’s wealthiest individuals are pouring resources into technologies and drugs aimed at extending human life. A notable example is Amazon CEO Jeff Bezos, who has invested $3 billion in Altos Labs, now the largest biotech company. Altos Labs is focused on biological reprogramming technology, which seeks to...

BT Group has revealed that Marc Allera will step down as CEO of its Consumer division, with Claire Gillies set to take over as CEO-Designate and join the company’s Executive Committee on December 10, 2024. This announcement signals the start of a structured transition period, during which Allera will collaborate...

Confidence among EU business leaders in Europe’s economic prospects has plummeted during the second half of this year, according to a survey released on November 28. The European Round Table for Industry (ERT) reported a sharp decline in its key business sentiment index, which fell from 58 to 47, dipping...

At the Women in Wealth Management Summit, Diana Oddi of Mandeville Private Client emphasized the company’s enduring branding strategy, which remains firmly rooted in its wealth-creation philosophy. She noted that the firm’s approach to branding has remained consistent over time, aligning with its foundational principles. Oddi explained that Mandeville’s wealth-creation...

On November 27, KB Financial Group announced that its Affiliate Representative Director Candidate Recommendation Committee (Selection Committee) had convened and selected Lee Hwan-Joo, CEO of KB Life Insurance, as the next CEO of KB Kookmin Bank. Lee’s appointment highlights his extensive leadership experience across various roles within the group. His...